Technically 5+ units is commercial so many residential lenders won't offer financing in house..

I recommend buying a 2-4 unit property to house hack rather than buy an individual apartment (condo or townhome).

HML puts buyer into title .. buyer house gets rehabbed... 442 refi and HML cashed out and owner has their rental. prior to 08 though you would normally get 5 to 8k cash back instead of putting money in.

Currently house hacking (rent by the room) in my primary home (1st property) in Texas while working out of state.

I’m a student in the class of MF Mind Set, the last review mentions that MFCP can not do business in Texas , has anyone confirmed this to be true ? 

My  CPA strongly suggested that I set up my LLC in the Tennessee for tax purposes.

That makes sense @Brendan Ferguson...having someone on the other side of the transaction like a friend from the fire house will make HUGE DEAL!  

California is challenging because of high prices and landlord-tenant laws but buying out of state brings about a different set of challenges - being 2000 miles away puts me at a disadvantage.

I have plenty of time while I am out delivering for UPS.I set a goal 3 years ago to become a Real Estate Agent and also an Investor.

#2 House Hacking Room Rental Rates (West Ashley / Johns Island)I am looking to house hack and I would like to know what does the going rate for a 1 bedroom 1 bathroom usually go for?